Community Financial: 2Q Earnings Snapshot

WALDORF, Md. (AP) _ The Community Financial Corp. (TCFC) on Monday reported second-quarter net income of $3.5 million.

The Waldorf, Maryland-based bank said it had earnings of 59 cents per share.

The holding company for Community Bank of the Chesapeake posted revenue of $19.9 million in the period. Its revenue net of interest expense was $17.5 million, beating Street forecasts.

Community Financial shares have declined 37% since the beginning of the year. The stock has declined 31% in the last 12 months.



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